Third Year on World Index; Fourth Year on North America Index
NORTHFIELD, Ill., Sept. 16 /PRNewswire-FirstCall/ -- Kraft Foods Inc.
(NYSE: KFT) has once again been named to the Dow Jones Sustainability World
Index and the Dow Jones Sustainability North America Index in recognition of
the company's economic, environmental and social performance. In the food
sector category, Kraft is the only U.S.-based company to be a World Index
Sustainability Leader. In addition, Kraft attained the food industry's
leading scores in the World Index in three areas -- operational
eco-efficiency, corporate governance and corporate citizenship/philanthropy.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080605/AQTH531LOGO)
'At Kraft, sustainability is doing what's good for people, the environment
and business,' said Steve Yucknut, Vice President, Sustainability. 'For a
number of years, we've been addressing sustainability issues and concerns, but
it's really our increased focus and strategic direction -- coupled with a
dedicated employee base and senior leadership guidance -- that's driving the
results and successes we see today. Our hard work is paying off, and that's
very rewarding.'
Kraft's six focus areas for sustainability include agricultural
commodities, packaging, energy, water, waste and transportation/distribution.
'By looking at our business through a sustainability lens, we identify ideas
for positive change that grow our top line and reduce costs,' Yucknut said.
'Each sustainability focus area plays a vital role in the long-term health of
Kraft's business and of the planet.'
Launched in 1999, the Dow Jones Sustainability Indexes
(http://www.sustainability-indexes.com) are the first global stock indexes
tracking financial performance of leading sustainability-driven companies.
Updated annually, companies are reviewed based on a thorough analysis of
corporate economic, environmental and social performance, assessing issues
such as corporate governance, risk management, branding, climate change
mitigation, supply chain standards and labor practices. The Dow Jones
Sustainability World Index recognizes the top 10 percent of the biggest 2,500
companies worldwide based on long-term economic, environmental and social
criteria.